NOT LISTED FOR SALE

243 S 5th Ave Unit 247 Kankakee, IL 60901

Estimated Value: $88,000 - $114,470

4 Beds
2 Baths
-- Sq Ft
7,492 Sq Ft Lot

Last Sold December 09, 2024

Last sale price $105,000

Current estimated payment $707/month

20 Days on Market

About This Home

As of December 2024

KANKAKEE - 2 UNIT HOME - RENOVATED AND FULLY OCCUPIED - Both units are 2 bedroom/1 bathroom apartments. This is a great investment property right near St. Mary's/Prime Health Care Hospital. The property is in "Good" condition and has large rooms/units. Also near main thoroughfares and Downtown Kankakee. Great investment! Call today!

Last Agent to Sell the Property

Buck Tamblyn

McColly Bennett Real Estate License #475131086 Listed on: 10/02/2024

McColly Bennett Real Estate

Last Buyer's Agent

Melissa Giacomara

Coldwell Banker Realty License #475164177

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,710

Year Built

  • Built in 1880 | Remodeled in 2023

Lot Details

  • 7,492

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50 x 150
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,710

Year Built

Built in 1880 | Remodeled in 2023

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 1710
  • Tax Year: 2023

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Dec 1, 2024
Sold by
Clear Capital Kankakee Llc
Bought by
Spurlock Selome
Seller's Agent
Buck Tamblyn
McColly Bennett Real Estate
Buyer's Agent
Melissa Giacomara
Coldwell Banker Realty
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%
Views
24
Current Estimated Value
$105,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229
Avg. Annual Appreciation
-1.03%

Purchase Details

Closed on
May 26, 2023
Sold by
Leone Jeffrey
Bought by
Clear Capital Kankakee Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spurlock Selome $105,000 Kankakee County Title
Spurlock Selome $105,000 Kankakee County Title
Clear Capital Kankakee Llc $1,480,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2024 12/09/24 Sold $105,000 -16.0% --
10/22/2024 10/22/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $125,000 +468.2% --
12/14/2016 12/14/16 Sold $22,000 -22.8% -- View Prior Sale
11/03/2016 11/03/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $28,500 +14.0% --
05/30/2014 05/30/14 Sold $25,000 -28.4% -- View Prior Sale
04/23/2014 04/23/14 Pending -- -- --
02/21/2014 02/21/14 Price Changed $34,900 -10.3% --
11/27/2012 11/27/12 For Sale $38,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,775 $15,015 $4,230 $10,785
2023 $1,710 $13,376 $3,768 $9,608
2022 $1,591 $11,708 $3,298 $8,410
2021 $1,502 $10,596 $2,985 $7,611
2020 $1,393 $9,524 $2,683 $6,841
2019 $1,328 $8,860 $2,496 $6,364
2018 $1,278 $8,204 $2,311 $5,893
2017 $1,432 $8,023 $2,260 $5,763
2016 $1,969 $11,543 $2,216 $9,327
2015 $1,902 $11,778 $2,261 $9,517
2014 $1,832 $11,778 $2,261 $9,517
2013 -- $12,269 $2,355 $9,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12177800

Midwest Real Estate Data (MRED)

APN: 16-09-32-333-017

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